Teton County Ranch Makes Top Five List For Most Desirable Real Estate Listings In World

Teton County’s Lost Creek Ranch has been named one of the five most desirable real estate listings on the planet in 2023, according to premier real estate firm Mansion Global. The ranch was listed last year for $39.5 million.

RJ
Renée Jean

January 07, 20244 min read

For the first time in a half-century, the historic Lost Creek Ranch in Teton County is for sale.
For the first time in a half-century, the historic Lost Creek Ranch in Teton County is for sale. (Live Wire Properties via YouTube)

Wyoming has one of the top five most desirable luxury real estate listings in the world, according to a recent article by Mansion Global highlighting the most clicked-through sales listings for 2023.

Lost Creek Ranch in Jackson Hole made the list at No. 4, with its 27 buildings that include a main lodge, a spa, 10 rustic cabins, and easy access to the Bridger-Teton National Forest.

That puts the ranch in good company with the likes of Sugar Ray Leonard’s $39.99 million villa in Los Angeles, which features old-world Italian architecture with imported stone and custom timber features, walled tennis courts, pool house, and outdoor putting green.

Topping the list at No. 1 was Prince Harry and Meghan Markle’s California home in Montecito, which features unobstructed mountain and ocean views, as well as a gym with sauna, pool and spa, home theater with a 4K projector and blackout shades, a bar, five fireplaces, two game rooms, office, and guesthouse.

Not all the mansions were in America. Making the list at No. 5 was the Sopwell Hall Estate in Tipperary, Ireland, listed at $9.4 million. The 18th century home includes 10 bedrooms, five full baths and five reception rooms spread over four floors, and it sits on 300 acres of land.

There’s even a rundown citadel on the grounds that’s still intact enough to restore for residential use, if buyers have a mind to own a legit castle.

A Buyer In The Wings

Lost Creek Ranch was listed earlier this year at $39.5 million, and currently has a buyer who has made an offer.

Listing agent Latham Jenkins told Cowboy State Daily he expects that deal to close by the end of January, though it is taking some extra time for all the paperwork.

That’s mostly because of park permits and other components of the deal that are commercial in nature, he said.

“It takes longer to transfer the properties than, say, residential,” Jenkins said.

Jenkins can’t identify who has bought the property until the deal closes because of nondisclosure agreements.

Interest in Lost Creek has been high, he added, and even if something were to go wrong with the deal, he’s confident the property will sell soon.

“We’ve had interest from around the world inquiring about Lost Creek Ranch,” he said. “It’s just so iconic, and really, nothing compares to the view in the valley that you have from Lost Creek Ranch.”

  • For the first time in a half-century, the historic Lost Creek Ranch in Teton County is for sale.
    For the first time in a half-century, the historic Lost Creek Ranch in Teton County is for sale. (Live Wire Properties)
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  • For the first time in a half-century, the historic Lost Creek Ranch in Teton County is for sale.
    For the first time in a half-century, the historic Lost Creek Ranch in Teton County is for sale. (Live Wire Properties)
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  • Lost Creek's main lodge.
    Lost Creek's main lodge. (Renée Jean, Cowboy State Daily)
  • Cabin 10 the latest built on the property so far.
    Cabin 10 the latest built on the property so far. (Renée Jean, Cowboy State Daily)
  • These chairs sit at a square of manicured lawn that's often used for weddings. They're an ideal spot to take in a Teton sunset .
    These chairs sit at a square of manicured lawn that's often used for weddings. They're an ideal spot to take in a Teton sunset . (Renée Jean, Cowboy State Daily)

Wyoming’s Real Estate Secret Getting Out

Because of its iconic status, Jenkins wasn’t at all surprised Lost Creek made such a prestigious short list of mansions and properties that people dream of owning.

“When you take the time to market and showcase the attributes of these Wyoming properties, they stand with the best in the world,” he said. “It’s just a matter of telling the story in the right way to help readers connect with these offerings.”

Wyoming in general, has so much to offer, Jenkins added.

“It just doesn’t necessarily receive the recognition that other marquee places around the world receive,” he said. “Maybe due to its smaller population.”

Lost Creek with its unobstructed views of the Tetons, however, is particularly special. It’s a rare inholding surrounded by National Parks land, which submerges visitors in a place that feels wild and untamed, even as one sits fireside, in the lap of rustic elegance, about to be wined and dined with top quality Wyoming-inspired cuisine.

Lost Creek’s listing on the market this year was the first time in 54 years the historic ranch, which was homesteaded in 1922, has come up for sale.

It’s being sold as a turn-key operation complete with all existing permits and entitlements, though its new owner could also decide to operate it as an entirely private enterprise if they preferred.

Jenkins said it is significant for a Wyoming property to make Mansion Global’s top ranking.

“Readers of Mansion Global are the real estate aficionados of the world,” Jenkins said. “Lost Creek is really just a one-of-a-kind property, and that’s obviously what readers of Mansion Global have identified.”

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Renée Jean can be reached at Renee@CowboyStateDaily.com.

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RJ

Renée Jean

Business and Tourism Reporter